06Jun

Tech hiring is up. Tech job postings are on the upswing. And at 2.4% tech unemployment is well below the national average.

This trifecta of demand and availability is making tech hiring ever more challenging as employers begin to fill positions they’ve left vacant during the last year.

“Even though tech employment held up reasonably well during the turbulence of the past 12 months, many employers were in a wait-and-see hiring mode,” said Tim Herbert, EVP for research and market intelligence at CompTIA. “With the three recent months of tech employment gains we’re likely seeing that pent-up demand translate to new hires.”

According to an analysis by the trade group CompTIA, IT occupations nationwide expanded by 178,000 jobs in February, while job postings for open IT positions surpassed 277,000, a 12-month high.

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On a month-over-month basis, the biggest increases in IT job postings were in California, Illinois, Washington, North Carolina and Texas. The metro areas with the biggest gains were Chicago, San Francisco, New York, Washington, D.C. and San Jose.

Positions for software and application developers accounted for the largest share of the openings (88,600) followed by systems engineers and architects (22,700), IT support specialists (22,000), web developers (18,000) and IT project managers (17,400).

Like nearly every other part of the economy, tech jobs took a hit during the height of the pandemic as employers canceled or postponed projects and expansion. Unemployment among tech professionals at one point in the last year approached 5%, a high not seen since the Great Recession in 2010. Since hitting that high in June, unemployment declined sharply to February’s 2.4%. It is expected to be even lower when the March report comes out next month.

If you’re having trouble filling tech jobs, give us a call here at Green Key Resources. Our recruiters know where to find the best tech talent and can help you fill those hard-to-fill jobs quickly. Call us at (212) 683-1988.

Photo by Marvin Meyer on Unsplash

Anthropic Unveils Claude 3: Redefining AI Chatbots with Enhanced Capabilities

Anthropic, the AI startup backed by Google and with substantial venture capital, has just introduced the latest iteration of its GenAI technology: Claude 3. This announcement marks a significant advancement in AI capabilities, positioning Claude 3 as a formidable competitor even against OpenAI’s GPT-4.

Advanced Capabilities

According TechCrunch, “Claude 3, as Anthropic’s new GenAI is called, is a family of models — Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, Opus being the most powerful. All show “increased capabilities” in analysis and forecasting, Anthropic claims, as well as enhanced performance on specific benchmarks versus models like ChatGPT and GPT-4 (but not GPT-4 Turbo) and Google’s Gemini 1.0 Ultra (but not Gemini 1.5 Pro).”

Multimodal Functionality

One notable feature of Claude 3 is its multimodal functionality, enabling it to analyze both text and images. This capability, like some iterations of GPT-4 and Gemini, allows Claude 3 to process various visual data such as, “…photos, charts, graphs and technical diagrams, drawing from PDFs, slideshows and other document types.” TechCrunch went further to note, “In a step one better than some GenAI rivals, Claude 3 can analyze multiple images in a single request (up to a maximum of 20). This allows it to compare and contrast images, notes Anthropic.” However, Anthropic has imposed limits on image processing to address ethical concerns, “Anthropic has disabled the models from identifying people…”

Claude 3’s Limitations

While Claude 3 showcases remarkable advancements, it’s not without limitations. TechCrunch reported that, “…the company admits that Claude 3 is prone to making mistakes with “low-quality” images (under 200 pixels) and struggles with tasks involving spatial reasoning (e.g. reading an analog clock face) and object counting (Claude 3 can’t give exact counts of objects in images).” Anthropic promises frequent updates to Claude 3, aiming to enhance its capabilities and address existing limitations. These updates will include improvements in following multi-step instructions, structured output generation, and multilingual support, making Claude 3 more responsive and adaptable to user needs.

As Anthropic continues to innovate and expand their offerings, the company remains dedicated to fostering a transparent and responsible approach to AI development. With substantial backing and a clear roadmap for future enhancements, Anthropic is poised to share the future of AI-driven solutions and pave the way for transformative advancements in various domains.

If you’re looking to take your career to the next level be sure to check out our IT page.

Businesses Are Seeing The Value of Blockchain Sample

Now organizations in sectors well beyond the pioneers in finance are investing in blockchain to protect data, decentralize processes and facilitate asset and data transfer.

“It’s an appealing model for many sectors, promising transparency and trust as it helps make value exchange possible,” says a SmartBrief article. Although focusing mostly on the financial sector, which is where blockchain found its earliest uses, the article mentions the steady creep of the technology into other industries and even slowly becoming commoditized as “blockchain as a service.”

“Amazon and Microsoft both currently offer BaaS, and enterprises as well as startups are taking advantage of it,” says SmartBrief. Citing a Gartner survey of CIOs, the article notes that “60% expected their firms to start or continue adopting blockchain-based technology between now and 2023.”

Earlier this year, Deloitte issued a blockchain trends report. Besides describing the evolving technology and the features each different approach offers, Deloitte found that some of the fastest growth in blockchain investments was coming in such unexpected industries as professional services – a sector that includes the staffing and employment industry – and energy and resources. In each of those 38% and 43% respectively of the firms surveyed were spending at least $5 million each on blockchain initiatives.

Not unexpectedly, the largest percentage of businesses investing in blockchain were in technology, media and telecom.

“More organizations in more sectors — such as technology, media, telecommunications, life sciences, health care, and government — are expanding and diversifying their blockchain initiatives,” Deloitte observes.

Like the financial sector, life sciences and health care deal with highly sensitive medical data they must protect or face legal consequences. Those two sectors are where blockchain “can have a more immediate and meaningful impact,” says Deloitte. They are in an industry, the report explains, “In which data transparency, speed of access, immutability, traceability, and trustworthiness can provide the information necessary for life-altering decisions.”

Interestingly, Gartner assigns a similar importance – not life or death, but still vital – to blockchain’s value to media.

“Organizations and governments are now turning to technology to help counter fake news, for example, by using blockchain technology to authenticate news photographs and video, as the technology creates an immutable and shared record of content that ideally is viewable to consumers,” Gartner said.

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